News: Construction Design & Engineering

Iselin appointed Lend Lease America's development general manager

Nicholas Iselin has been named general manager for Lend Lease's Americas Development business. He will be responsible for growing Lend Lease's Development capabilities in the Boston market, identifying and implementing sustainable urban regeneration projects throughout New England. Iselin brings 15 years of local development experience to his leadership role with Lend Lease; he has worked for various development companies throughout Mass. in a variety of senior level positions focused on land acquisitions, design and entitlement oversight, and project execution. Most recently he served as Boston regional partner and senior vice president development at Twining Properties, where he was responsible for managing their Boston operations and leading their development projects in the region. He received both his Bachelor of Arts and Masters of Architecture from Harvard University. "I am excited to have Nick join our Development business, he provides a full range of development experience in the Boston market and has a proven track record of operational success," said Denis Hickey, chief executive officer Americas. "His extensive experience in acquisitions, entitlement, design, and execution of complex urban development projects makes him the ideal candidate to grow our Development business in New England." Lend Lease is a leading international property and infrastructure provider which operates a global management platform focused on four major geographic regions: Australia, Europe, Asia, and the Americas. Lend Lease finished its previous financial year on June 30th with a global development pipeline of approximately $37.7 billion in estimated end value. In Australia Lend Lease is currently developing Barangaroo the largest development project in Sydney's history and in the Americas Lend Lease owns and operates over 40,000 homes and over 11,000 hotel rooms for the United States military.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary